80 Indemnities
Postal Services Act 2011 (2011 c 5) | Legislation

80 Ìý±õ²Ô»å±ð³¾²Ô¾±³Ù¾±±ð²õ

(1)     This section applies if a postal administration order has been made in relation to a company.

(2)     The Secretary of State may, with the consent of the Treasury, agree to indemnify persons in respect of one or both of the following—

(a)     liabilities incurred in connection with the exercise and performance of powers and duties by the postal administrator, and

(b)     loss or damage sustained in that connection.

(3)     The agreement may be made in whatever manner, and on whatever terms, the Secretary of State considers appropriate.

(4)     As soon as practicable after agreeing to indemnify persons under this section, the Secretary of State must lay a statement of the agreement before Parliament.

(5)     If sums are paid by the Secretary of State in consequence of an indemnity agreed to under this section, the company must pay the Secretary of State—

(a)     such amounts in or towards the repayment to the Secretary of State of those

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